Insurance for Your Shipment

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about General Shipping/Packing Details and other Shipping topics.

Insurance for Your Shipment

Most shippers offer some form of insurance, but you may feel more comfortable with those that also offer tracking numbers and some guarantee of reimbursement for lost items. However, carriers tend to set low limits on their own liability.

If you are shipping a large quantity of valuable goods, you may wish to purchase separate shipping insurance. Look for a company that offers "primary" rather than "contingent" insurance -- the latter covers you only if your carrier denies the claim, which could leave you with inadequate protection.

A number of companies now exist to insure shipments made as part of online businesses. Be sure to compare a variety of quotes, check out company reputations, and investigate whether your shipments could be covered as part of your regular business or homeowner's insurance.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Shipping Tip Site? Request a Tip Now!


Guru Spotlight
Lynne Christen